University of Wollongong launches AU$10m startup seed fund
The University of Wollongong (UOW) has launched an AU$10 million seed fund aimed at providing a pipeline of early stage business development for young tech startups, in order to attract outside investment. The initiative is part of the university’s iAccelerate initiative, a co-working space and program that was launched in 2012 to provide support for […]
Oculus VR co-founder Brendan Iribe donates $50,000 to UMD’s Startup Shell
When junior computer science major Sam Drozdov approached Brendan Iribe — co-founder of virtual reality company Oculus VR — during the on-campus coding marathon Bitcamp in April, he wanted to build a relationship between the entrepreneur and the student-run organization Startup Shell. Drozdov didn’t expect Iribe to donate $50,000 to the group later that month. […]
Michigan Economic Development Corporation offers funding to stimulate startups
When it comes to entrepreneurship, the line from A to B rarely is a straight one. Therefore, the Michigan Economic Development Corp. developed a map to assist entrepreneurs at each stage to stay on track. The MEDC uses a subway map that outlines the path for entrepreneurs at each stage. The subway metaphor uses stops […]
Brandeis University Named National Science Foundation I-Corps Site to Fund Campus Discoveries
Brandeis University today announced it has been awarded a $237,050 five-year grant from the National Science Foundation (NSF) Innovation Corps (I-CorpsTM) program. The grant will provide funding for innovative startups and technologies developed by Brandeis students, faculty and staff. Brandeis is one of only six new sites nationally designated by NSF. The University of Massachusetts […]
New New Mexico state Catalyst Fund announces first awards
Many cash-strapped New Mexico startups may soon get a critical boost from a state-backed investment program that’s pumping an initial $4.65 million into three local venture funds. Gov. Susana Martinez announced Tuesday that the state’s new $20 million “Catalyst Fund” is making its first three commitments to investment funds managed by New Mexico State University, […]
VentureCon brings out Utah Valley University’s entrepreneurs with new business ideas
At Utah Valley University’s first VentureCon on Tuesday, the variety of student businesses was impressive. VentureCon was the Entrepreneurship Institute’s first foray into a student business trade show, but it’s one Peter Robinson, Morris Professor of Entrepreneurship at UVU, plans to repeat. Business-minded students from entrepreneur classes and other disciplines at the university were able […]
Alibaba launches US$3m start-up competition with Cyberport and Hong Kong Science and Technology Parks
Alibaba’s not-for-profit initiative, the Hong Kong Entrepreneurs Fund, is teaming up with the city’s Cyberport and Hong Kong Science and Technology Parks on a US$3 million start-up competition to help nurture the city’s growing start-up scene and identify tomorrow’s entrepreneurial stars The competition, “Jumpstarter 2017”, will begin in May and is open to a variety […]
John Hopkins baby box startup wins $25,000 through Hopkins Social Innovation Lab
A mother looking to prevent cases of sudden infant death syndrome in Maryland has won $25,000 to help fund her “baby box” startup concept. As a member of Johns Hopkins Social Innovation Lab’s 2016-2017 cohort, Shantell Roberts has been working on a venture around Portable Alternative Cribs, through her nonprofit Touching Young Lives Inc. Enlarge […]
U-M undergrad venture fund makes first investment
Benjamin Rathi, a business and computer science senior at the University of Michigan, already had a successful startup under his belt when he won a spot on the Zell Early Stage Fund as a junior. The fund, which launched in fall 2015 with a dozen juniors at the Zell Lurie Institute housed at the Ross […]
Duke University Energy Initiative Awards Seven New Seed Grants
Research projects that explore new possibilities for energy storage, reliability, and sustainable development will receive funding in 2017 from the Duke University Energy Initiative’s Energy Research Seed Fund. Seven projects involving 14 faculty members were selected to receive a total of $240,000 from the fund. Seed funding provides a financial head start for new multi-disciplinary, […]